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20110719
20110719
Search Results 0 to 21 of about 22 (some duplicates have been removed)
of the need for a course correction. but weeks of negotiations have shown his commitment to big government is simply too great to lead to the kind of long-term reforms we need. >> reporter: reid says lawmakers must find a solution. >> we'll stay in session every day, saturday and sunday until congress passes legislation to prevent the united states from defaulting on negotiation. >> reporter: in chicago, key ally expressed support for the mcconnell-reid plan. >> more work to be done. joint committee can tackle it but it's responsible way out of the crisis. >> reporter: lindsey graham favors constitutional amendment but there isn't enough support in the senate. >> we have the people behind us. 72% of the american people want balanced budget. >> reporter: the president called for shared sacrifice. >> i am still pushing for to us achieve a big deal. but what i said to the group is if we can't do the biggest deal possible, then let's still be ambitious. let's still try to at least get a down payment on deficit reduction. >> reporter: but the cochair of the president's own deficit commission ha
something big done. the president has made it clear he wants to do something substantial. >> sean: that was budget director lew talking about the debt negotiations. he says the president wants to do something substantial. we found out how hollow that pledge is. the administration announced if the republicans cut cap and balance pledge were to pass the house and senate, president crybaby would veto this the plan gaining momentum tackles america's fiscal crisis making mandatory spending reductions that would reduce the deficit, cap spending at 18% of the gdp and send to the states a balanced budget amendment to the u.s. constitution. those measures would prevent this president from pursuing his reckless tax and spend agenda, which explains why he's opposed to it. joining me with his take south carolina senator lindsey graham. how are you? >> good, thanks for having me. >> sean: it is simple to me. this is the moment of truth. they election in 2010, the biggest mid term in 70 years. i'll quote president obama, we won, conservatives won. cut, cap and balance, do you support it? >> tot
republican presidential candidates have money problems. >> and big money, big problems? >> gop fund-raisers staying on the sidelines. >> for mitt romney it's 70% maxed out contributions. >> is newt aware he's running for president? >> the arrests continue as the british police close in on rupert murdoch's media empire scandal. >> every day we're seeing more inconceivable things happen. >> abandon ship. in the last 24 hours there have been two high level resignations. zo london's top cop. >> rebekah brooks was released on jail. >> rupert murdoch is supposed to face the scandal head on tomorrow. >> all eyes are trained on parliament tomorrow. >> they're cutting short a trip today to south africa. >> when is he going to do the decent thing and resign? >> congress now has 15 days to pass a bill to raise the debt ceiling before the united states government goes into a catastrophic default on august 2nd. today harry reid announced the senate will meet every day until the debt ceiling is raised. yesterday david rogers of politico discovered and reported that house speaker john boehner and
into a full-time job and eventually led to her relationship with murdoch. >>> now to potentially big, big news in washington. debt talks, big news and a very significant step forward today, says president obama, just a short time ago. the president announced the so-called senate gang of six made of members from both parties has floated this new proposal that he, the president, can work with. the bipartisan group had thrown in the towel, ditched an earlier effort to find a debt reduction package okay to both parties and now at this late date 14 days until a potential government default. they're back with a plan that the president says includes deep spending cuts and, yes, also includes tax increases. here's the president. >> here's where we stand. we have a democratic president, an administration that is prepared to sign a tough package that includes both spending cuts, modifications to social security, medicaid, and medicare that would strengthen those systems and allow them to move forward and would include a revenue component. we now have a bipartisan group of senators who agree with that ba
save hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> 15 days until the treasury says it will run out money. a tea party leader says don't raise the debt seeing and he says president obama is lying about the consequences if we don't. "keeping them honest" about what many republicans believe is central to solving the long-term problem. a constitutional amendment to balance the budget. they vote on "cup, cap and balance." cutting spending to 2004 levels and caps it and freezes it right there and calls for a balanced budget amendment to the constitution. >> all that we ask in this bill is that we simply allow the states to weigh in, should the federal government live under a balanced budget amendment. should they do that? >> i don't understand why people won't vote for the a balanced budget amendment because it's the only discipline that will ever force the politics of washington to meet the responsibilities of washington. >> let's do somethi
ceiling, pay its bills based on big-ticket items. that would be interest on the debt. social security, medicare and medicaid, defense spenders. more than $30 billion. unemployment insurance. what you'd get under the big-ticket scenario is a drawing off the line. that's your $172 billion. the government is out of money if you don't increase the debt ceiling. what gets cut? military pay. wouldn't get their checks under this scenario. veterans checks, irs refund. if you're waiting for one you wouldn't get it. nutrition services, foods stamps, wouldn't get paid. federal salaries, education department, other and you heard him mention foreign aid to the palestinians. you have to make the choices and cut it off right here. that's one way. suppose you decided instead we'll put a priority on the social safety net. under this scenario, interest gets paid, social security gets paid, medicare and medicaid and those nutrition services that got cut off last time, you could pay them. housing grants would go out. veterans affairs, unemployment, education and tuition assistance. but under this set of
. >> no big deal. >> what else is new? >> go away. >>> let's welcome our guest. she is so hot her doctor wears pot holders when examining her, which is clumsy. i am here with the columnist and her book is demonic and it is selling from hotcakes from hell. he knows keen investments like i know spike investments. it is matt mccall, the founder and the president of the penn financial group. he is the poster child for poster children. it is my repulsive sidekick, bill shultz. and he is considered one of the most innovative comedic stylists living today. but george lopez was busy so we have jesse joyce wearing my jacket. it is a play on words, if you will. and it is a thinking rag that likes to nag. good to see you again, pinch. >> according to our city desk, the new york law enforcement officials say there is a rise in graffiti. reading and learning are fun. that's my tag. and you can read that in the grill every day home slice. word. >> actually a lot of them. >> it is called realtime, but it is more like mail slime. yes, friday, a night of the week was a banner night for bill marr and his banner
Search Results 0 to 21 of about 22 (some duplicates have been removed)